Net Income per Common Share (Tables)

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Computation of Income (Loss) Per Share

The following table provides a reconciliation of the numerator and the denominator of the basic EPS computation with the numerator and the denominator of the diluted EPS computation:

	Three Months Ended    September 30,				Nine Months Ended   September 30,
	2013		2012		2013		2012
Net income available to common shareholders (in thousands)	$	1,852	$	1,366	$	4,323	$	4,591
Weighted average shares issued	14,653,336		14,507,796		14,650,992		14,507,796
Add: dilutive effect of stock options	234		—		923		—
Weighted average shares outstanding adjusted for potential dilution	14,653,570		14,507,796		14,651,915		14,507,796
Basic earnings per share	$	0.13	$	0.09	$	0.30	$	0.32
Diluted earnings per share	$	0.13	$	0.09	$	0.30	$	0.32
Anti-dilutive stock options excluded from earnings per share calculation	187,000		159,000		191,000		159,000